Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Alexander Love Highway York, SC 29745

    View on Map
    Claim this Listing
    Picture of Commercial land at Alexander Love Highway, York, SC
    For Sale
    Under Contract
    $675,000

    LAND - York, SC

    Lot size:
    39.00 Acres
    Added:
    May 17, 2023
    Days on Market:
    1069
    Last Refresh:
    Apr 19 at 2:06 pm

    Property Features for Alexander Love Highway

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    070-16-01-023 & a portion of 350-001
    Lot size
    39.00 Acres

    Taxes and HOA fees

    Tax Description
    HWY 49

    We can help!

    Listing Contact
    Kim Bigach
    Kim Bigach

    Listing agent Kim Bigach License #78387

    Listing office Keller Williams Connected 901 Dave Gibson Blvd, Fort Mill, SC

    Listing date May 17, 2023

    MLS# 4028484 Listing URL

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    39 Acres on Alexander Love

    This tract of land, totaling approximately 39 acres, features extensive road frontage on Alexander Love Highway, also known as Highway 5 Bypass, in York, South Carolina. The acreage is composed of two parcels. The zoning includes R-15 within the city limits, and RD-1/RUD/RMX20 in the county. The property is suitable for either residential or commercial use, offering a range of possibilities. It is situated near York Comprehensive High School, at the corner of Highway 5 Bypass and Highway 49. Interested parties should confirm permitted uses with the city and county.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    York
    County
    York
    State
    South Carolina
    Longitude
    -81.2183866
    Latitude
    35.0111223

    Nearby Similar for Sale

    • $645,000

      Waterfront Lot in Handsmill

      Wooded lakefront lot with dock in gated community.
      3708 Rivergrass Lane, York, SC 29745
      View Details
    • $1,250,000

      Waterfront Land on Lake Wylie

      6.10 acre waterfront lot with potential docking locations.
      Sandlapper Drive, York, SC 29730
      View Details
    • $399,000

      Lake Wylie Waterfront Land Opportunity

      5+ acre waterfront land near Lake Wylie, York, SC.
      4151 Concord Road, York, SC 29745
      View Details
    • $199,500

      Highway Frontage Commercial Land

      2.1-acre commercial lot on Highway 321 in York, SC.
      1473 Filbert Highway, York, SC 29745
      View Details
    • $1,400,000

      Waterfront Land with Lake Views

      4.93-acre waterfront property with long-range lake views.
      Sussex Road, York, SC 29745
      View Details
    • $399,900

      Lakefront Vacant Lot in York

      Lakefront vacant lot offers peace, privacy, and potential.
      Marlette Drive, York, SC 29745
      View Details
    • $1,900,000

      Highway Commercial/Industrial Development Opportunity

      10.54-acre commercial/industrial land with highway frontage in York, SC.
      855 Alexander Love Highway E, York, SC 29745
      View Details
    • $255,000

      Wooded Land in York, SC

      5.996 acres of wooded land with no HOA.
      Sandlapper Drive, York, SC 29745
      View Details
    • $110,000

      Residential Lot in Palm Tree Cove

      Residential lot with community pool, trails, and storage.
      279 Palm Cove Way, York, SC 29745
      View Details
    • $179,900

      Acreage with Workshop Near Downtown

      5.79-acre residential lot with workshop near downtown York.
      2874 Carmel Court, York, SC 29745
      View Details
    • $189,000

      Waterfront Lot, No HOA

      Flat, buildable waterfront lot with septic permit in place.
      1548 Cameron Road, York, SC 29745
      View Details
    • $1,999,000

      Graded Lots in Growing Community

      16 graded lots approved for 4-bedroom septic in York, SC.
      122 Shiloh Road N, York, SC 29745
      View Details

    FAQs

    What type of property is this?
    Commercial land - 39 acres of land with road frontage in York, SC.
    Where is this commercial land located?
    The property is located at Alexander Love Highway York, SC.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: 39 Acres of Land with Highway Frontage; Zoned for Residential or Commercial Use; Located on Corner of Hwy 5 By‑Pass and Hwy 49
    (803) 981-3495
    We can help!
    Listing Contact
    Kim Bigach
    Kim Bigach
    Real Estate License ID: 78387
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!